London-Sana
Oil prices picked up again today, amid growing concerns about the impact of Western sanctions on Russian oil exports.
And Agence France-Presse reported that Brent crude futures rose to 115.67 dollars, and it was trading up by 4.72 percent, after yesterday it approached the threshold of 120 dollars.
US West Texas Intermediate crude also rose in New York by more than 5 percent due to concerns over Russian energy supplies, and reached 113.36 dollars, an increase of 5.24 percent, after touching 113.36 dollars a barrel earlier.
Oil prices recorded their highest levels in ten years this week and are heading towards achieving the strongest weekly gains since the middle of 2020, with US crude rising more than 21 percent and Brent crude 17 percent.
Experts warn of the negative repercussions of Western sanctions on Russia on global markets, especially oil and gas.
Follow Sana's news on Telegram https://t.me/SyrianArabNewsAgency
